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Wall Street Week Ahead: Markets Edgy on Debt-Talk Stalemate

A trader works on the floor of the New York Stock Exchange
Much of the United States may be frying in near-record temperatures but Wall Street has been feeling the heat for months. Wrangling over the debt ceiling has kept markets on edge, and investors are still waiting for a breakthrough that leads to a deal to avoid a devastating default.
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Stocks Fall as Debt Talks Stall

Stocks fell on Monday as continued political sparring in Washington over the debt ceiling heightened worries of a U.S. rating downgrade, sending world equities lower.
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Camp for Free in NYC with the Urban Park Rangers

The New York Department of Parks and Recreation is auctioning off 'urban-camping' spots in many city parks. Put in an application Wednesday for a chance to camp out in your favorite city oasis.
Dominique Strauss-Kahn leaving his temporary Manhattan residence

Housekeeper: Strauss-Kahn Acted Like 'Crazy Man'

A housekeeper publicly stated details to Newsweek on Sunday regarding the sexual assault attack by former International Monetary Fund (IMF) managing director Dominique Strauss-Kahn in a New York City hotel room.
Parents thank fans at makeshift Winehouse shrine

Parents thank fans at makeshift Winehouse shrine

An autopsy on British singer Amy Winehouse, who was found dead at the weekend, will be carried out Monday, police said, as her parents thanked well-wishers at a makeshift shrine outside the 27-year-old's north London home.
Dominique Strauss-Kahn and his wife Anne Sinclair depart a hearing at the New York State Supreme Courthouse in New York

Hotel Maid in Strauss-Kahn Case Speaks Out

The New York hotel maid who accused former IMF chief Dominique Strauss-Kahn of attempting to rape her said in an interview published on Newsweek's website on Sunday that he appeared as a "crazy man" and attacked her when she entered his room.
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Stocks fall, gold at record high on US debt crisis

Stocks slipped while the Swiss franc rose and gold hit a record high on Monday as hopes for a political deal to avert a U.S. default began to fade, though investors were mostly seeking to protect their portfolios with no signs of panic selling.
Brutal Heat Wave Cooling Down on East Coast, Not Other States (Photos of Heat Wave Fights)

Brutal Heat Wave Cooling Down on East Coast, Not Other States (Photos of Heat Wave Fights)

While a brutal heat wave persists, the National Weather Service has issued excessive heat warnings for wide areas of the central and eastern United States. Parts of New York’s electrical network failed and water usage had soared up to 50 percent higher than normal in New York as triple-digit temperatures combined with humidity forced everyone to try to keep cool.

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